Greetings from Pflugerville, Texas, where we are enjoying ourselves in this absolutely splendid home:
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Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Sinking Canoe
Among the wreckage of Tesla-wanna-be “new green deal” companies out there, each of which is a flaming dumpster fire of cow dung, one particularly bad one is Canoo (which has the oh-so-clever symbol of GOEV – like GO Electric Vehicle……..get it?) It has lost approximately 99.6% of its value, which is an abysmal performance by any standard.
Year Twenty Begins
The longer I live, the shorter life gets.
It’s a truism, I suppose, and one of many which occur to humans as the years roll by. See, I started Slope as a pure-brown-haired lad in my 30s. As Slope now commences its 20th (God help me……..) year, the temples are greying, the teeth are decaying, and creditors are weighing my purse. Well, no, only the first of those is true, but I could not help letting a little Broadway slip into my off-the-cuff musings.
Prior to 2005, March 29th was just another day in the year, but now, every year, I think about what I’m going to write on the birthday of my electronic child. I was especially concerned this year since, frankly, I’ve never felt more despondent, more angst-ridden, more (dare I say it?) hopeless about the prospects we’ll ever see a real stock market again.
(more…)GME Shelter
Here’s a very typical WSB tale.
Gamestop (a garbage company I’ve had in my Bear Pen for many, many months) was to announce earnings after the close on Tuesday. In anticipation of that, a young “trader” decided to put his entire account into short-dated, way-out-of-the-money calls. He was actually showing a profit on them at the time.
Louisiana Burning
Visual cues prompt me to think. Sometimes it’s a photograph. Sometimes a chart. Today, it was a map: specifically, a map of my birthplace, which is the impoverished, crime-ridden, dying little town of Bogalusa, Louisiana.
